Tag Archives: Invisible hand

April 20 Equal Pay Day could commemorate male pay handicap

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April 20 is Equal Pay Awareness Day. An average woman has to work almost four months longer to earn her male co-worker’s annual salary.  Progressive times recognize that women outclass men in every labor that does not require brute strength; how can anyone make a case for unequal pay? Today, as girls outnumber boys in honor societies and higher education, perhaps we should admit that the pretense that females mature more quickly simply masks what was always obvious: women’s superior competence.

Capitalism today does not compete on a gridiron. I think it’s time business owners confess they’d rather employ women. Return on investment formulas about family-raising complexities or market labor rates may still dictate what minimum can be offered to the fairer sex, but we can no longer pretend that such differentials are not discriminatory. We may prefer to pay Hispanic workers a “Mexican” wage, but what’s that about?

Those who insist the invisible hand of Capitalism can be guided by its own conscience need look no further than Wall Street to learn the public good is protected by government regulation. Push your congressional representative to pass the Paycheck Fairness Act, and push the old boy network back to their La-Z-Boys.

Invisible Hand Strikes Again…

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Investment banking Big 5 down to Big 2, DOW down 300 at opening bell, Republicans trying to spin how the unfettered Capitalism they so proudly and loudly promote just bit them, and by the way… The Whole Rest Of The World, on the collective Arse.

it’s like Hitler with his Big Lie theory, that people are so used to Little Lies, and the personal consequences, that we would believe there’s no way somebody would be so audacious as to tell a BIG Lie, thus, the bigger the lie, the more people will believe it.

Likewise, that nobody would DARE take advantage of the loopholes provided, free of charge, to Pirates by Deregulation of the Stock Market and The Banking Sector.

“Oh, by the way, thieves, we left the door open for your convenience, the safe is unlocked and we know you’ll be honest enough to not take too much money. We’re all good business partners, right? And besides, we have the People primed to take the fall if We errr.. uhmmm you decide to screw Them us”

Commerce takes Visa or anti-Visa

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Life takes Visa not cashI love this commercial. Life Takes Visa. Life –or here its commerce equivalent– is a well choreographed bakery, a happy flow of patrons interrupted only by a hapless customer who bottlenecks the process by presuming to pay with cash. The scenario presages acceptance of the viewer/consumer’s role as willing cog, but it offers an important economics truism to those who would aspire to monkey-wrench such a dehumanized construct. What does it take to disrupt a well oiled machine? A trifle.

Ever wonder what would happen if a store’s customers all decided to shop the same day? We see it the day after Thanksgiving, but otherwise most of us distribute ourselves evenly across the calendar. It’s the market’s invisible hand and retail business models are fashioned accordingly. What happens when someone organizes a boycott, or otherwise interferes with the statistical flow? We can see it in this ad: Chaos and collapse. A boycott doesn’t have to convince a majority of consumers to curb their spending, it need only reach a number critical to upset the applecart. As management practices streamline labor efficiencies, even a small interruption in demand can wreak a disproportion of havoc.

It will not be for lack of a credit card (though certainly for lack of consumer credit!), but fliers or a picket line, can effect the balance sheet, most of all because the potential liabilities they pose cannot be predicted, and margins of profit cannot then be insured. The demise of your worst nightmare of a blood-sucking capitalist is but a garlic-breath away. You may be kept to feel by the corporate media that you are powerless to contravene, but here’s an ad they are too cynical to have censored. YOU can bring their machinations to a cathartic stop.